Many have asked me about spate of IPOs and NFOs launches and my thoughts. Should they invest or not?
Another question: why are AMCs launching NFOs at expensive valuations?
My thoughts on this subject:
Another question: why are AMCs launching NFOs at expensive valuations?
My thoughts on this subject:
If you had bought 5kg of sugar from a grocer & you order another 2kgs next day, will the grocer not sell you more? They are in the business of selling you day to day groceries.
What and how much you need is your choice as a customer. You cannot blame the grocer for selling
What and how much you need is your choice as a customer. You cannot blame the grocer for selling
Put differently:
Which medicine(scheme) needed for which patient(Investor) is job of a Doctor(MFD) or patient(DIY Investor). It is not job of Pharma Companies(AMCs).
Just because Pharma Cos repackage the medicines, does not mean patients should increase their dose
Which medicine(scheme) needed for which patient(Investor) is job of a Doctor(MFD) or patient(DIY Investor). It is not job of Pharma Companies(AMCs).
Just because Pharma Cos repackage the medicines, does not mean patients should increase their dose
Similarly, #AMCs are in the business of manufacturing schemes and solutions and offer a variety to #Investors and #MFDs to choose from.
What suits which Investor and how much is their choice and not that of AMCs
What suits which Investor and how much is their choice and not that of AMCs
Why are AMCs launching NFOs at these valuations and should one buy?
Answer lies in your own #discipline and your own #AssetAllocation and need for that product in your overall portfolio construct.
If it fits well up to certain % of your portfolio within your #AA then why not?
Answer lies in your own #discipline and your own #AssetAllocation and need for that product in your overall portfolio construct.
If it fits well up to certain % of your portfolio within your #AA then why not?
But to buy just because rest of the world is buying and you have #FOMO - think twice before allocating based on this.
Stop blaming the Manufacturers for your own actions/inactions.
Look within and follow some disciplined approach, you will not regret or have FOMO
Stop blaming the Manufacturers for your own actions/inactions.
Look within and follow some disciplined approach, you will not regret or have FOMO
Look at the NFO offerings dispassionately. Fit into your valuation metrics. Figure your own AA. Weigh it based on Need-Solution approach.
If it passes all filters go ahead and buy to the extent needed. Otherwise ignore it and move on. There will be many more opportunities
If it passes all filters go ahead and buy to the extent needed. Otherwise ignore it and move on. There will be many more opportunities
Just ensure you are not consuming same old wine which is packaged differently.
Learn to differentiate new wine in new bottle vs old wine in new bottle and then consume.
Learn to differentiate new wine in new bottle vs old wine in new bottle and then consume.
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